Salford, Greater Manchester

2013 Annual Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • October 2013 saw a new record in company registrations in Salford when compared to any previous October.
  • The second half of 2013 saw a new record in company closures in Salford when compared to any previous second half year.
  • December 2013 saw a new record in company closures in Salford when compared to any previous December.
  • November 2013 saw a new record in company closures in Salford when compared to any previous November.
  • October 2013 saw a new record in company closures in Salford when compared to any previous October.

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Annual Data (2013)

    A total of 779 companies were formed in Salford in 2013. This total is 1.0% lower than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.

    YearSalfordUK
    2013779529,363
    2012787491,893
    2011752452,870
    2010619400,358
    2009517362,675
    Record Year2012 (787)2013 (529,363)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 a total of 385 companies were formed in Salford. This figure is 4.5% lower than last year, which compares badly to the UK wide figure of 8.9%.

    The highest total for a second half year in Salford occurred in 2012 when a total of 403 were formed.

    Half Year (Jul-Dec)SalfordUK
    2013385259,931
    2012403238,743
    % change-4.5%8.9%
    Record Year2012 (403)2013 (259,931)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 195 companies were registered in Salford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 3.7% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)SalfordUK
    2013195127,247
    2012188119,875
    % change3.7%6.1%
    Record Year 2011 (198) 2013 (127,247)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    October 2013 saw a new record in company registrations in Salford when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2013786453
    New companies in 2012628145
    % change25.8%-21.0%17.8%
    Record Year2013 (78)2012 (81)2011 (73)

Closed Companies (dissolved)

  1. Annual Data (2013)

    A total of 525 companies were dissolved in Salford in 2013. This total is 19.6% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.

    YearSalfordUK
    2013525332,213
    2012439293,729
    2011402314,524
    2010445342,233
    2009647533,789
    Record Year2009 (647)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2013)

    The second half of 2013 saw a new record in company closures in Salford when compared to any previous second half year.

    In the second half of 2013 a total of 338 companies were dissolved in Salford. This figure is 48.2% higher than last year, which compares badly to the UK wide change of 21.3%.

    The highest total for a second half year in Salford occurred in 2013 when a total of 338 were closed.

    Half Year (Jul-Dec)SalfordUK
    2013338177,021
    2012228145,935
    % change48.2%21.3%
    Record Year2013 (338)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    A total of 171 companies were dissolved in Salford during the fourth quarter of 2013 (Oct 2013 - Dec 2013).

    This figure is an increase of 54.1% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.

    fourth quarter (Oct 2013 - Dec 2013)SalfordUK
    201317190,851
    201211170,027
    % change54.1%29.7%
    Record Year 2013 (171) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    December 2013 saw a new record in company closures in Salford when compared to any previous December.

    November 2013 saw a new record in company closures in Salford when compared to any previous November.

    October 2013 saw a new record in company closures in Salford when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2013586053
    Closed companies in 2012514020
    % change13.7%50.0%165%
    Record Year2013 (58)2013 (60)2013 (53)

Net Company Growth

  1. Annual Data (2013)

    A total of 254 companies were added to the company register for Salford in 2013. This number represents growth of 32.6% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.

    This number is 94 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2011 when the Salford company register grew by 350 companies.

    YearSalfordUK
    2013254197,150
    2012348198,164
    2011350138,346
    201017458,125
    2009-130-171,114
    Record Year2011 (350)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 the company register for Salford increased by 47 companies.

    Half Year (Jul-Dec)SalfordUK
    20134782,910
    201217592,808
    Record Year2011 (197)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    Net company growth for Salford during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 24 companies.

    fourth quarter (Oct 2013 - Dec 2013)SalfordUK
    20132436,396
    20127749,848
    Record Year 2011 (99) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20132040
    Net growth in 2012114125
    Record Year1996 (49)2012 (41)2011 (36)

UK Company Share

  1. Annual Data (2013)

    In 2013 Salford formed 0.1% of all UK companies. This is a decline on 2012 when Salford was responsible for 0.2% of all UK companies.

    YearSalford
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    20090.1%
    Record Year (since 1960)1996 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2013)

    In the second half of 2013 Salford formed 0.1% of all UK companies. This is less than the 2012 figure of 0.2%.

    Half Year (Jul-Dec)Salford
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    20090.1%
    Record Year (since 1960) 1996 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    In the fourth quarter of 2013, Salford formed 0.2% of all UK companies.

    fourth quarter (Oct 2013 - Dec 2013)Salford
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 1996 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.2%0.1%0.2%
    UK formation share in 20120.1%0.2%0.1%
    % change16.9%-22.3%7.1%
    Record Year1996 (0.3%)1996 (0.3%)1995 (0.3%)

Director Age

  1. Annual Data (2013)

    The average age of a director in 2013 was 41.1.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2013)

    The average age of a director in the second half of 2013 was 41.2.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.8%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The average age of a director in the fourth quarter of 2013 was 42.0.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 5.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2013)

    The record year for female directors in Salford was 1975 when 100.0% of all directors were female.

    The percentage of female directors in Salford in 2013 was 20.7%. The average for the UK during this time was 26.0%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2013)

    The record second half year for female directors in Salford was 2008 when 28.7% of all directors were female.

    20.9% of all director appointments in Salford in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2013)

    The record fourth quarter for female directors in Salford was in 2008 when 27.6% of all directors were female.

    21.8% of all director appointments in Salford in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2012-Dec 2013)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    CONSULTING1.63%CONSULTING5.22%
    CONSULTANCY1.22%MANAGEMENT4.72%
    MANAGEMENT0.73%CONSULTANCY3.45%
    SALFORD0.73%PROPERTY2.59%
    TRADE0.73%TRADING2.08%
    CONSULTANTS0.65%ENGINEERING1.87%
    ESTATES0.65%LONDON1.86%
    PROPERTY0.65%DESIGN1.76%
    PROPERTIES0.65%CONSTRUCTION1.73%
    HOUSE0.57%CARE1.73%
    BUSINESS0.57%BUSINESS1.71%
    TRADING0.57%CONSULTANTS1.68%
    MANCHESTER0.57%GLOBAL1.58%
    ASSOCIATES0.57%INVESTMENTS1.56%
    GLOBAL0.57%PROPERTIES1.54%
    MEDIA0.57%ASSOCIATES1.53%
    CONSTRUCTION0.49%J1.51%
    TRANSPORT0.49%MEDIA1.50%
    40.49%IT1.35%
    RESOURCES0.49%DEVELOPMENTS1.23%
    ENERGY0.49%M1.23%
    E0.41%BUILDING1.21%
    FINANCE0.41%ELECTRICAL1.20%
    SECURITY0.41%CAPITAL1.19%
    ESTATE0.41%ENERGY1.14%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied538266,814
    99999 - Dormant Company9746,762
    74909 - Other professional, scientific and technical activities not elsewhere classified5618,034
    70229 - Management consultancy activities other than financial management5536,164
    82990 - Other business support service activities not elsewhere classified4455,342
    96090 - Other service activities not elsewhere classified3626,001
    74990 - Non-trading company2914,223
    47910 - Retail sale via mail order houses or via Internet238,879
    62090 - Other information technology service activities2012,511
    56302 - Public houses and bars195,503
    62020 - Information technology consultancy activities1927,183
    68100 - Buying and selling of own real estate175,656
    68209 - Other letting and operating of own or leased real estate168,733
    62012 - Business and domestic software development159,360
    86900 - Other human health activities159,543
    96020 - Hairdressing and other beauty treatment146,000
    56103 - Take-away food shops and mobile food stands147,010
    68320 - Management of real estate on a fee or contract basis135,236
    68310 - Real estate agencies123,405
    64999 - Financial intermediation not elsewhere classified115,309

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08716270 M HANSON CONSULTING LTD 03 Oct 2013
    08718073 LUEMAS LIMITED 04 Oct 2013
    08719448 CHAPMAN ACCOUNTANCY SERVICES LIMITED 04 Oct 2013
    08726644 THE LOCKER ROOM LIMITED 10 Oct 2013
    08733593 ALEX 7210 LIMITED 15 Oct 2013
    08742754 KDS ASSOCIATES LIMITED 22 Oct 2013
    08743186 MIENGINEERS LIMITED 22 Oct 2013
    08750230 BLUE CLOUD RESOURCES LIMITED 28 Oct 2013
    08712972 EFFECTIVE & EFFICIENT HEALTHCARE SOLUTIONS LTD 01 Oct 2013
    08733637 AST 123 LIMITED 15 Oct 2013
    08740855 XPRESS SECURITY LTD 21 Oct 2013
    08747612 M.D. EXPRESS LIMITED 24 Oct 2013
    08756504 SEGAMI LIMITED 31 Oct 2013
    08718796 JARA HOMES LTD 04 Oct 2013
    08718831 KAWA TRANSPORT LIMITED 04 Oct 2013
    08731495 TORRO SECURITY LTD 14 Oct 2013
    08738056 THE MERI TRUST 18 Oct 2013
    08738116 CLOSER HOMES LIMITED 18 Oct 2013
    08749724 VINCENT VEGA SALON LIMITED 25 Oct 2013
    08753008 E SELLER ONLINE LTD 29 Oct 2013
    08754379 OPERA CONSTRUCTION LTD 30 Oct 2013
    08757314 NORTHWAY TRADING LIMITED 31 Oct 2013
    08713013 DRAGONS YEN LIMITED 01 Oct 2013
    08715267 SALFORD CONCEIRGE SERVICES LTD 02 Oct 2013
    08752839 COMMUNITY FOREST LAND TRUST 29 Oct 2013